United Bank sets indicative price range for IPO at EGP 12.7-15.6 per share
The United Bank has set the indicative price range for its initial…
EFG Hermes successfully completes sale of Helmerich & Payne’s $197m stake in ADNOC Drilling
EFG Hermes, an EFG Holding Company and the leading investment bank in…
Egyptian government prioritises banks in IPO program to boost stock market, revenues
Move aims to contribute to government's ambitious non-tax revenue target of EGP…
Government fears losing control over state-owned companies amid IPO programme
Government withdrew from offering state-run transport companies: Source
Government aims to raise $6.5bn from IPO programme in 2024: Finance Minister
The government is adopting balanced and cautious policies to cope with the…
Minister of Finance says government IPO programme reaches $3.5bn in subscriptions
Minister of Finance Mohamed Maait stressed the need to strengthen multilateral cooperation…
Government reduces its stakes in 61 companies for IPO programme
Egyptian government selects new companies from different sectors to sell their shares…
Raya Holding to launch IPO for its IT subsidiary in 1H 2024
Hossam Hussein, CFO of Raya Holding for Financial Investments, said the company…
EFG Hermes advises on ADES Holding’s $1.219bn IPO on Tadawul
EFG Hermes, a leading investment bank in Frontier and Emerging Markets (FEM),…
Government IPO programme boosts Egypt’s stock market
EGX30 expected to hit 17,800 points, says Moataz Ashmawy